Imputed Closing Costs definition

Imputed Closing Costs means an amount (not to exceed one and one quarters percent (1.25%) of the purchase price) that would normally be incurred by a Subsidiary if the Property were sold for an amount specified in Section 15.1 or Section 15.2 (as applicable), for title insurance premiums, survey costs, brokerage commissions, legal fees, and other commercially reasonable closing costs.
Imputed Closing Costs means an amount (not to exceed one and one quarter percent (1.25%) of the purchase price) that would normally be incurred by the Company or any Owner if the Property were sold for an amount specified in Section 15.1 for title insurance premiums, survey costs, brokerage commissions, legal fees, and other commercially reasonable closing costs.
Imputed Closing Costs means an amount, (not to exceed 1% of the purchase price), that would normally be incurred by the Company if the Project were sold for an amount specified in Article 12, for title insurance premiums, survey costs, brokerage commissions and other commercially reasonable closing costs.

Examples of Imputed Closing Costs in a sentence

  • The results from the satisfaction surveys and consultation exercises show no issues around providing fair access to our services.

  • For purposes of the foregoing calculations, the purchase price for a sale shall be reduced by Imputed Closing Costs therefor.


More Definitions of Imputed Closing Costs

Imputed Closing Costs means, when used in connection with the Buy- Sell Option, an amount, not to exceed three percent (3%) of the sales price, that would normally be incurred by the Company or its Subsidiaries if the Projects then owned by the Company or its Subsidiaries were sold for the amount specified in Article 12, for title insurance premiums, survey costs, brokerage commissions and other commercially reasonable closing costs.
Imputed Closing Costs means, with respect to the determination of the Purchase Price pursuant to Exhibit F, an amount equal to six percent (6)% of the Fair Market Value of the Company Assets, representing the estimated closing costs that would normally be incurred by the Company or its Subsidiaries for title insurance premiums, survey costs, brokerage commissions, and other customary closing costs if the Company Assets were sold.
Imputed Closing Costs has the meaning ascribed to it in § 10.5 of the foregoing Agreement.
Imputed Closing Costs means, with respect to the determination of the Put Price pursuant to Section 10.1, an amount equal to 2% of the Proposed Sales Price, which represents the estimated closing costs that would normally be incurred by the Company or its Subsidiaries for title insurance premiums, survey costs, brokerage commissions, and other customary closing costs if the Property were sold, and with respect to the determination of Offeror Value and Offeree Value pursuant to Section 10.2, an amount equal to 2% of the Gross Value Amount, which represents the estimated closing costs that would normally be incurred in connection with the purchase and sale of Company Interests.
Imputed Closing Costs means, with respect to the determination of Offeror Value and Offeree Value pursuant to Section 10.2, an amount equal to 2% of the Gross Value Amount, which represents the estimated closing costs that would normally be incurred in connection with the purchase and sale of Company Interests.

Related to Imputed Closing Costs